In this thought-provoking episode, Tim Maurer and Tony Welch explore a deceptively simple but critical question in investing: Is it more important to be right or to make money?
Love this. Really enjoying watching you guys, and your approach to investing. When you mention establishing your own investment philosophy-- how do you suggest choosing a philosophy?
Love this. Really enjoying watching you guys, and your approach to investing. When you mention establishing your own investment philosophy-- how do you suggest choosing a philosophy?
Thanks so much, Conor, and a great question that is tougher than you think to answer, because there are so many variables in play. I like to start simple and big picture, and here’s an orientation to that. It won’t satisfy if it’s specifics you’re looking for, but I think it’s a good starting point: https://open.substack.com/pub/timmaurer/p/investing-in-the-language-of-life?r=ueiw2&utm_campaign=post&utm_medium=web